Record #: O2018-8814   
Type: Ordinance Status: Passed
Intro date: 10/31/2018 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 12/12/2018
Title: Grant(s) of privilege in public way for Wintrust Bank
Sponsors: Reilly, Brendan
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2018-8814.pdf

ORDINANCE WINTRUST BANK Acct. No. 289005 - 6 Permit No. 1132956

 

Be It Ordained by the City Council of the City of Chicago:

SECTION 1. Permission and authority are hereby given and granted to WINTRUST BANK, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, one (1) Clock(s) projecting over the public right-of-way adjacent to its premises known as 431 N. Clark St

Said Clock(s) at N. Clark Street & W. Hubbard Street measure(s):

One (1) at three point five (3.5) feet in length, and three point five (3.5) feet in width for a total of twelve point two five (12.25) square feet.

The location of said privilege shall be as shown on prints kept on file with the Department of Business Affairs and Consumer Protection and the Office ofthe City Clerk.

Said privilege shall be constructed in accordance with plans and specifications approved by the Department of Transportation (Division of Project Development)

This grant of privilege in the public way shall be subject to the provisions of Section 10-28-015 and all other required provisions of the Municipal Code of Chicago.

The grantee shall pay to the City of Chicago as compensation for the privilege #1132956 herein granted the sum of four hundred ($400.00) per annum in advance.

A 25% penalty will be added for payments received after due date.

The permit holder agrees to hold the City of Chicago harmless for any damage, relocation or replacement costs associated with damage, relocation or removal of private property caused by the City performing work in the public way

Authority herein given and granted fora period of five (5) years frpfljsaM after 10/31/2017.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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